Denver Home Living Huettner Capital Summer 2017 | Page 3

D QUICK TIPS AND ADVICE FROM DHL EXPERTS DHL'S FAVORITE SMALL BUSINESSES W enver Home Living Favorites highlights small businesses in and around Denver that are truly great at what they do. We hope they are places you might enjoy visiting and may even become one of your favorite places as well. e strive to bring our readers informative content including advice from local experts. These quick tips are designed to help you avoid common problems and mistakes and point you in the right direction where you may not even know you need it. Feel free to follow up with any of our experts if you have additional questions. STEPHANIE DAHL 303-758-7700 [email protected] DAHLFISHERWILKS.COM DENVER’S HIDDEN GEM OF HAIRSTYLING: SALON JOA On East Colfax in Denver, two blocks west of Quebec between Stapleton and Lowry, Salon Joa was the first tenant in the new Phoenix building when it opened three years ago. A hidden gem with a hip flair, Salon Joa is the culmination of the owners’ years of experience in the salon industry. Hoa Vu and his wife, Jo, built their business from the ground up in an area of Denver that is beginning to see a big economic turnaround. THE IMPORTANCE OF ESTATE PLANNING An estate plan is an essential part of financial planning. Each person has different assets and specific financial goals that can change over time. Therefore, no two plans are identical. Below is a brief explanation of different options to consider when creating your plan: Working the barber chairs, Hoa places his attention and efforts on male customers, offering haircuts old and new as well as the traditional barbershop experience of straight razor shaves for faces and heads. Jo focuses on salon services for women including up to six chairs for stylists, a makeup and micro-blading studio, a manicure table for six, and a comfy pedicure bench spa area with pipeless jets for a truly clean and pampering experience. To complete your visit, you can enjoy all of this with a cold beer, a glass of wine, or a cool mimosa on the house. Perhaps the best part, Salon Joa not only has cuts for kids and teens but also several iPads loaded with games to keep their attention so they don’t need yours. The artists working at Joa have up to twenty years of individual experience including cutting and color artists, barbers, and nail and makeup artists, all who are detail oriented and passionate about their work. You know the quality of a place by how you are treated and by the number of returning clients. One client has gone to Hoa for over fifteen years and even drives up from the DTC with his three boys. He told us two of his three boys, now in middle school, have never had anyone else cut their hair. The staff at Salon Joa treats their clients like family and creates relationships with them. Salon Joa is busy most days—a testament to the quality of the service that they offer—so you should make reservations for specific artists. If you are new in town or a current resident, pay a visit and let them know we sent you. Without an estate plan, your estate will most likely go through probate. This process can be costly. More importantly, your assets may not be distributed how you would like or possibly even expect. • A will is a document that includes your specific instructions for the final disposition of your property. Generally, it is filed with the state and a matter of public record. • You can also use a revocable trust to transfer al l of your property. A key difference is that a trust is private and not a matter of public record. This is ideal when you have minor children or own real property. • Another plan option is a will with a testamentary trust. These may be less expensive to create, but they usually must go through probate, can limit the scope of the trustee, and may cost more in the end. Effective estate planning requires a thorough examination of all of your financial goals and includes many different factors. I hope this quick overview serves as a reminder to create or review your plan. For more information, reach out to Stephanie. For more information, you can visit their website at salonjoa.com, give them a call at 303-284-9535, or email them at [email protected]. 3